£149,802
This estimated value is based upon the latest sale price for the house of £146,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £146,000 | 17 Nov 2023 |
| £117,500 | 4 May 2007 |
| £96,000 | 27 Aug 2004 |
| £30,500 | 5 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 458 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in November 2023 the House Price Index for SUFFOLK was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £146,000 results in an estimated price of approximately £149,802.
| 17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £146,000 | £3,802 | £149,802 |
The Postcode Pricing Model uses changes in average sales price within the IP8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -18.562 % | £-27,101 | £118,898 |
| 3 Month Average | 46.343 % | £67,660 | £213,660 |
| 6 Month Average | 23.397 % | £34,159 | £180,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £149,803 | £146,000 | 46 OLDFIELD ROAD |
| 22 Sep 2023 | £240,297 | £235,000 | 26 OLDFIELD ROAD |
| 8 Sep 2023 | £164,629 | £161,000 | 41 OLDFIELD ROAD |
| 11 Aug 2023 | £188,398 | £185,000 | 30 OLDFIELD ROAD |
| 29 Jun 2023 | £275,521 | £270,000 | 1 SOUTHGATE ROAD |
This house has a floor area of 42 sq meters or 458 sq feet when measured on 28 Aug 2009. Using an estimated price of £149,803 means this house is valued at £3,514 per sq meter (£326 per sq foot).
The average size of a house on OLDFIELD ROAD is 57 sq meters (617 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Oldfield Road |
| Jul 2024 | Anti-social behaviour | On or near Oldfield Road | |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Oldfield Road |
| Jul 2024 | Anti-social behaviour | On or near Oldfield Road | |
| Jul 2024 | Shoplifting | Under investigation | On or near Oldfield Road |